27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Shares of Oracle (NYSE:ORCL) moved higher by 3.36% after the company reported Q1 results.
Quarterly Results
Earnings per share were up 14.81% year over year to $0.93, which beat the estimate of $0.86.
Revenue of $9,368,000,000 up by 1.63% year over year, which beat the estimate of $9,190,000,000.
Outlook
Oracle hasn't issued any earnings guidance for the time being.
Oracle hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Sep 10, 2020
Time: 05:00 PM
Technicals
52-week high: $59.32
52-week low: $39.71
Price action over last quarter: Up 10.66%
Company Profile
Oracle sells a wide range of enterprise IT solutions, including databases, middleware, applications, and hardware. The firm is undergoing a mix shift toward cloud-based subscriptions that should necessitate continued heavy investment in the business model transition. Oracle offers software-as-a-service, platform-as-a-service, and infrastructure-as-a-service offerings. Legacy offerings include Oracle Database software and Oracle Fusion Middleware.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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